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507-509 Rose Avenue

507-509 Rose Avenue,Long Beach, CA 90802

2

Unit

$1,294,999

Price

Property Details

Price Per Unit

$647,500

Price per SF

$318

Current Cap Rate

4.21%

Market Cap Rate

6.58%

Current GRM

13.63

Market GRM

10.09

507-509 Rose Avenue

507-509 Rose Avenue,Long Beach, CA 90802

$1,294,999

Price

Property Details

Price per SF

$318

Price Per Unit

$647,500

Price per SF

$318

Current Cap Rate

4.21%

Market Cap Rate

6.58%

Unit

2

Current GRM

13.63

Market GRM

10.09

Description

507-509 Rose Avenue is comprised of two (2) houses on a 7,542-square-foot parcel in Alamitos Beach, Long Beach. The front house, 509, is comprised of six (6) bedrooms and three (3) bathrooms with a laundry room off of the kitchen.  The rear house, 507, is comprised of seven (7) bedrooms and 4.5 bathrooms.  The property features and enclosed yard along with three (3) single car garages and one (1) two-car tandem uncovered parking space.

Highlights

507 Rose / Rear House Highlights
• 2,530 Square Feet Living Space
• Newer Exterior Paint
• Rewired for Electrical (1995)
• New Plumbing and Street-In Water Line (1995)
• Remodeled Kitchen with New Cabinets, Granite Countertops,Tile Backsplash and Tile Flooring
• Three (3) Single Car Garages plus One (1) Two-Car Tandem Surface Parking Spaces

509 Rose / Front House Highlights
• Newer Exterior Paint
• Remodeled Kitchen
• Laundry Room with Washer/Dryer

Property Highlights
• Enclosed Yard
• Desirable Alamitos Beach Location

Map